UPDATE: Great news everyone! The BRA just approved construction for SOBO Place on Thursday night!
Just when you thought development couldn’t get worse in South Boston, it does. The Boston Business Journal is reporting that Boston Real Estate Capital has proposed a new development at 55 West Fifth Street and it’s called……wait for it….SOBO Place. (Cringe!) This 36-unit resident rental project hopes to demolish an existing auto-body repair shop and replace with with a 36,320 square-foot building with 2,045-square foot commercial space on the ground level. With a name like SOBO – Starbucks seems like a nice fit for that commercial space.
Clearly the developer is not from South Boston, nor does he have any Southie advisors either. As soon as SOBO (in all caps – like they’re yelling it) was mentioned as the name of the development, it would be laughed out the door.
So there you have it, it’s the end of days for Southie as we usher in a new era of SOBO. This $10 million project is just a stone’s through away from “Broadway Village” and right around the corner from Dot. Ave.
Stones throw from the projects, only 400,000 for a one bedroom, what a steal
One bedroom in southie cost 1800 to rent and they want first last and security that is a down payment on a house
By law, they can only ask for two of those, not all three.
M.G.L. c. 186, § 15B (1)(b) governs this and allows the landlord to collect:
(i) rent for the first full month of occupancy; and,
(ii) rent for the last full month of occupancy calculated at the same rate as the first month; and,
(iii) a security deposit equal to the first month’s rent […]; and,
(iv) the purchase and installation cost for a key and lock.
“It’s fresh, new and exciting!”
Ha Ha! When I was growing up in town you couldn’t give real estate away! Then I remember seeing the index cards pinned up to the board at Flanagans , people whose families had been in town for generation, looking, begging, for an affordable place to live in town, so sad. When I went to buy a house I tried to buy in town, too expensive ! It was cheaper for me to by a house in freakin Swampscott than Southie. Sad my town got ruined by developers and yuppies! And who the hell pays over a half million dollars to live a block away from the projects ?
Yuppies can’t but what isn’t for sale.
The end of days was about 10-15 years ago. This is just a nail in the coffin
Stop with the SoBo What the hell does it supposed to mean.? This is South Boston !!! Affectionately called Southie by most of us!!☘☘☘